2022-10-18 13:30 |
In response to allegations that the network has grown more prone to censorship since the Merge, Ethereum supporters have argued that "not even a single" transaction has been blocked on the network. origin »
2022-10-18 13:30 |
In response to allegations that the network has grown more prone to censorship since the Merge, Ethereum supporters have argued that "not even a single" transaction has been blocked on the network. origin »
The Solana network is currently grappling with an unprecedented level of congestion, resulting in a surge in transaction failures. This surge in failed transactions coincides with a significant increase in network activity, largely driven by the recent frenzy surrounding platform memecoins.
2024-4-7 02:20 | |
Coinspeaker BNB Chain L2 Boba Network Achieves Record Transaction Volume in April Boba said its users on BNB Chain are saving around 80% on transaction fees by using its network. BNB Chain L2 Boba Network Achieves Record Transaction Volume in April
2023-5-10 17:00 | |
Bitcoin was introduced as digital electronic cash, however, to make it a viable payment system, the network needs faster transaction processing. Currently, the transaction processing time for Bitcoin The post Why the Lightning Network is so underrated appeared first on AMBCrypto.
2020-9-29 15:30 | |
Cryptocurrency exchange Bitfinex integrated Lightning Network’s Wumbo Channels, which helps speed up payment transaction time, on its platform, which will now allow the exchange to provide users witThe post Bitfinex adopts Lightning Network’s ‘Wumbo Channels’ appeared first on AMBCrypto.
2020-9-22 19:45 | |
Ethereum is on a roll. The blockchain network just attained a new all-time high for daily transactions, while gas fees have been skyrocketing in the interim. Ethereum’s daily transaction flow was fueled by a frenzy in the decentralized finance (DeFi) space that has thrown the market into a tizzy.
2020-9-20 00:30 | |
The Ethereum blockchain has become congested after multiple days of low activity. According to GasNow, an ETH transaction fee tracker, the average gas price users of the network are paying has spiked over 500 Gwei.
2020-9-18 06:00 | |
Coinbase Pro has announced that it will no longer pay Ethereum gas fees for its users. The change comes as transaction fees on the network continue to increase. Previously, the cryptocurrency exchange had paid Ethereum fees on behalf of its customers.
2020-9-18 22:31 | |
Hedera Hashgraph, an enterprise-grade distributed ledger platform, announced significant milestones achieved during the first year since Open Access of the network on September 16th, 2019. Applications Driving Meaningful Transaction Volume Hedera saw dozens of applications go live with the network becoming openly accessible to the public a year ago, with new applications being launched regularly […] CryptoNinjas » Hedera now processes 1.5M transactions per day, surpassing Ethereum
2020-9-17 18:30 | |
Centralized exchanges are playing a decreasingly important role within Bitcoin network activity, which is highlighted by the number of fees that stem from transactions taking place on exchanges. In past years, exchanges accounted for a far higher percentage of the transaction fees received by miners than presently.
2020-9-9 05:00 | |
As covered extensively by CryptoSlate over recent days, Ethereum’s network congestion is reaching an untenable point. The post Asset manager explains why Ethereum’s transaction fees won’t kill ETH appeared first on CryptoSlate.
2020-9-5 11:20 | |
Growing Ethereum network transaction fees, which touched new highs recently, are a direct consequence of the increasing number of defi projects and yield farming. Yield farmers need to pay ETH for transactions like moving funds in and out of pools.
2020-9-5 11:00 | |
Vitalik Buterin the co-founder of the Ethereum smart contracts blockchain has introduced the Ethereum Improvement Proposal (EIP) 2929 as a possible solution to the rising gas fees of the network. Buterin Focuses on Gas Fees Reduction As the world of decentralized finance (DeFi) continues to expand, transaction fees (gas fees) on Ethereum, the engine roomRead MoreRead More.
2020-9-5 21:00 | |
The cost of sending transactions on Ethereum has exploded over the past few months as the network has reached all-time highs in terms of transaction capacity and demand due to growth in the decentralized finance sector.
2020-9-4 16:00 | |
As the Ethereum price hits a two year high, demand to transact on the network has surged leading to all-time high transaction fees, gas consumption and miner revenues.
2020-9-4 12:25 | |
On Tuesday, the average transaction fees on the Ethereum network climbed to a new peak at above $10, and gas prices went past 450 Gwei. In response, stablecoin Tether, the second biggest guzzler of gas, is planning to add support for ZK-Rollups.
2020-9-2 16:34 | |
Coinspeaker Messari Report Indicates $500M Worth of Bitcoin Has Been Tokenized on Ethereum YTDBitcoin being tokenized on the Ethereum network will mean an increased activity in the Ether system, which has lately been related to high transaction fees.
2020-9-3 16:16 | |
All is good for Ethereum right now. The second-largest network is working at full capacity, as evident from the skyrocketing gas prices and miners pulling in a whopping $113 million in transaction fees last month.
2020-9-1 21:24 | |
Over the weekend, the average gas price also jumped to 211. 89 Gwei, and the maximum gas price well above 1 million Gwei. Daily transaction fees on the second-largest network also jumped back to 16,600 Ether, which, after the mid-August YAM debacle, was keeping around 7.
2020-8-31 19:22 | |
Эмитент стейблкоина Tether перевел 3 млн USDT в сайдчейн OMG Network, решение по масштабированию Ethereum. HUGE MILESTONE for the Bitfinex and @omgnetworkhq integration with a 3M $USDt transaction 🎉https://t.
2020-8-29 12:20 | |
The Ethereum network has seen quite a significant surge in transaction fees lately. In fact, the increase has been so big that it has become a major problem for crypto users. As a result, many different crypto businesses and projects were trying to find a solution, with the latest one on that list being The US’ largest crypto exchange, Coinbase.
2020-8-29 12:45 | |
The most popular USD pegged stablecoin Tether that is the second biggest gas guzzler on the Ethereum network recently adopted OMG Network for the settlement. This integration between Tether and Layer 2 solution for Ethereum – OMG Network is expected to result in a reduction of fees and confirmation times, which has become extremely important […]
2020-8-22 20:03 | |
Lightning transaction app Strike has announced cash back rewards for users, granting them returns on purchases thanks to Lightning Network efficiency. The post Strike Announces Cash Back, Letting Merchants Pass On Lighting Network’s No-Fee Benefits appeared first on Bitcoin Magazine.
2020-8-21 20:50 | |
Average Ether transaction fees skyrocketed to $7. 3 on August 13, as per Ycharts. The total daily transaction fees on the network topped at $6. 87 million, eclipsing the previous all-time high of $4.
2020-8-19 19:42 | |
Ethereum’s network fees are increasingly becoming a major concern and more people are wary of paying ridiculous fees to transact on the network. The amount of gas being spent on Ethereum has reached an all-time high with a daily average of $6.
2020-8-17 12:21 | |
Standard Chartered Bank has successfully executed Bangladesh’s first blockchain trade transaction by issuing a Letter of Credit over the Contour blockchain network, New Age reports. Letter of Credit Issued on Blockchain In a first for Bangladesh, Standard Chartered Bank issued a Letter of Credit for ready-made garment exporter Viyellatex Ltd.
2020-8-17 22:15 | |
Ethereum network use and transaction fees are rising to record highs, will this interfere with DeFi’s current expansion?
2020-8-17 00:31 | |
Ethereum transaction fees are diving after the latest leg higher in decentralized finance (DeFi) has slowed down to an abrupt halt. Paying to transact on the network still costs an order of magnitude more than it did at the start of 2020, though.
2020-8-14 06:00 | |
For the first time in Ethereum’s history, miners earned a record 30,500 ETH on Aug 12 as revenue from transaction fees – at 17,000 ETH ($6. 87 million), exceeded block rewards — which stood at 13,500 ETH.
2020-8-13 15:00 | |
The cost of sending a transaction over the Bitcoin network rose sharply over the past month, as the price of the top cryptocurrency climbed higher. According to latest data from Bitinfocharts, the average bitcoin (BTC) transaction fee soared by as much as 547% in the month to August 6, rising from just $1 to $6.
2020-8-11 05:30 | |
The cost of transacting on the Bitcoin blockchain fell sharply last week as the network reverted to less frantic levels of activity.
2020-8-10 17:11 | |
The smart contract platform’s gas fees finally seem to be dipping as network congestion shows signs of easing. Ethereum Network Congestion Easing The months of June and July witnessed unprecedented transaction activity on the Ethereum (ETH) network, buoyed by the astronomical rise in popularity of decentralized finance (DeFi) protocols such as Uniswap, Aave, Compound, andRead MoreRead More.
2020-8-5 20:07 | |
On August 1, the Ethereum's blockchain faced a spike in network transaction fees, causing a backlog in transfers across several exchanges. Coinbase and Binance, two of the largest cryptocurrency exchanges, saw hundreds of transactions jammed, leading to trading delays.
2020-8-3 16:23 | |
Transaction fees on the bitcoin network peaked in the last nine months. If everyone on the bitcoin network had been using SegWit and batching, they would have saven $500 million.
2020-8-1 11:59 | |
One of the biggest narratives over recent weeks has been Ethereum’s extremely high transaction fees. The post VC: Ethereum has “negative” network effects, needs scaling solutions “NOW” appeared first on CryptoSlate.
2020-7-30 08:48 | |
Demand for the Bitcoin network is beginning to take off, with the crypto’s ongoing price rise being the likely suspect behind this sudden uptick. This has resulted in the cryptocurrency seeing a massive spike in its transaction fees, which have nearly reached the yearly highs that were set just after the mining rewards halving event […]
2020-7-30 05:00 | |
Bitcoin fees have grown much larger in recent days spiking to a two-month high to $3. 80 per network transaction. The crypto asset’s fees have jumped 590% since June 14 and the mempool (transaction backlog) has grown significantly.
2020-7-28 03:01 | |
On-chain activity on the Ethereum network has been surging in 2020 to the levels previously seen amid the 2017-2018 bull run. Data suggests that it’s likely due to the rapid...
2020-7-27 01:26 | |
Vitalik Buterin is looking at reforming the transaction fees in Ethereum so as not to impair the network security due to rising transaction fees. In Proof-of-Work, miners rely on transaction fees when choosing what transactions to broadcast.
2020-7-23 10:30 | |
As Ether transaction fees hit 100 gwei, the project’s co-founder warns that a failure to respond could undermine the security of the network.
2020-7-22 06:39 | |
Ethereum fees for a simple transaction have risen to 40 cent for the first time in months. That means the ethereum network is operating at full capacity, with the auction...
2020-7-9 19:19 | |
Marlin has open sourced its OpenWeaver relay network to help speed up low latency mempool syncs of the Ethereum network and support decentralization.
2020-7-9 19:00 | |
Voting has begun on the 0x (ZRX) governance platform for a new improvement proposal to reduce transaction fees on the network. The proposal is driven by the recent rise in gas prices on the Ethereum platform.
2020-7-8 12:00 | |
Data for Q2 2020 shows the cryptocurrency market thriving, with Ethereum leading a price rally and Bitcoin showing solid network activity following its last halving. Overall trading may have reduced, but the market has grown greatly since ‘Black Thursday.
2020-7-6 14:25 | |
If you’re one to focus on transaction fees, it’s been a tough past few weeks for Ethereum. The network has been subject to an influx of adoption over recent weeks. Santiment, for instance, has reported the highest daily active address count in over two years.
2020-7-1 13:00 | |
Market participants are becoming overwhelmingly concerned about a 22,000 BTC transaction that was made by the perpetrators of the PlusToken Ponzi scheme. The last time the individuals behind this scam moved such a significant number of tokens were back in mid-February.
2020-6-26 18:02 | |
Ethereum miners are spamming the network’s capacity with small transactions, according to reports from Trustnodes. Over One Million Transactions The alleged spam campaign has brought Ethereum’s daily transaction volume above...
2020-6-26 02:00 | |
Cryptocurrency investor and dev Nick Cannon is confused by the market ignorance of the huge Ethereum (ETH) network usage upsurge. Some metrics breaking above yearly highs
2020-6-25 16:33 | |
This week digital currency enthusiasts have been discussing network fees, specifically transaction fees associated with the Bitcoin and Ethereum blockchains. Last Sunday on June 21, one Ethereum proponent noted that during the last 16 days, Ethereum users have paid more to leverage the network than Bitcoin users.
2020-6-25 01:33 | |
Ethereum miners are voting to increase the network’s gas limit from 10 million to 12.5 million per block. The move could lower transaction fees on the network, but it also... The post Ethereum Miners Vote to Make Themselves a bit Richer appeared first on Crypto Briefing.
2020-6-20 16:55 | |